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Stock Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

Adobe Inc. (NASDAQ:ADBE)

Strong Downtrend (-100) - ADBE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ADBE continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ADBE?

MarketClub looks at technical strength and momentum to determine if the timing is right for ADBE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ADBE
Open High Low ADBE Price Change
279.69 284.29 274.85 275.11 -3.14
Entry Signal

MarketClub’s Trade Triangles for ADBE

long term down The long-term trend has been DOWN since Sep 15th, 2022 at 338.0000

intermediate term down The intermediate-term trend has been DOWN since Aug 25th, 2022 at 402.2450

short term down The short-term trend has been DOWN since Sep 13th, 2022 at 375.2001

Smart Scan Analysis for ADBE

Based on our trend formula, ADBE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ADBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
279.69 284.29 274.85 275.11 -3.14
Prev. Close Volume Bid Ask Time
275.20 3675434 2022-09-30 15:59:52
Year High277.61Year High Date2018-09-14
Year Low175.26Year Low Date2018-01-02
52wk High699.5452wk High Date2021-11-22
52wk Low274.7352wk Low Date2022-09-27
Year End Close37.68Average Volume5,987,589
Shares Outstanding464,900Short Interest9,940,077
% Institutional90.2Market Cap134,845M
Assets267,440,000MLiabilities123,710,000M
P/E Ratio27.4408Beta1.17
Volatility51.29
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